Interaction with S&P and Fitch EDITORIAL: Finance Minister Muhammad Aurangzeb met with representatives from Standard and Poor’s and Fitch on the... Published 24 Apr, 2024 03:50am
Print Aurangzeb tries to ease concerns of S&P, Fitch Meets with representatives of S&P Global and Fitch Ratings on the sidelines of the IMF/World Bank Spring Meetings in Washington D.C Updated 22 Apr, 2024 11:49pm
Business & Finance Fitch cuts China’s ratings outlook on growth risks BEIJING: Fitch cut its outlook on China’s sovereign credit rating to negative on Wednesday, citing risks to public... Updated 10 Apr, 2024 02:34pm
Business & Finance US banks face loss risk from multi-family property loan exposure, says Fitch WASHINGTON: US banks with significant lending exposure to some multi-family properties and particularly... Published 29 Mar, 2024 04:45am
Opinion IMF programme will test SIFC Two is a trend, they say, and twice in two weeks now the market has shrugged off concerns of international rating... Published 29 Feb, 2024 04:41am
Opinion Default, then? Fitch’s doubts about securing a post-SBA (Stand-By Arrangement) IMF lifeline show that even leading IFIs... Published 22 Feb, 2024 06:55am
Opinion If the political news is grim, the economic news is often worse It is now increasingly clear that threats to the prospects of next International Monetary Fund (IMF) programme have... Published 20 Feb, 2024 03:09am
Print Next IMF programme: Fitch says political uncertainty may complicate efforts ISLAMABAD: The close outcome of Pakistan’s elections and resulting near-term political uncertainty may complicate... Updated 20 Feb, 2024 09:35am
Opinion Business environment and economic growth outlook According to the recent report entitled “World Economic Situation and Prospects (WESP) 2024” by the United... Published 18 Jan, 2024 05:54am
Editorials Fitch maintains rating EDITORIAL: Fitch has maintained Pakistan’s rating at CCC positive — a rating that has been stable since 10 July... Published 18 Dec, 2023 06:42am
Editorials The external resource shortfall EDITORIAL: The budgeted 6 billion dollars from the commercial banking sector abroad and through issuance of... Published 28 Nov, 2023 04:56am
Editorials Woeful rupee slide EDITORIAL: The interbank rupee-dollar parity registered at 287.85 on 14 November 2023 – a strengthening from the... Published 16 Nov, 2023 05:39am
Editorials Pakistan’s external financing needs EDITORIAL: The outgoing Shehbaz Sharif-led government budgeted 24.2 billion dollar external loans for the current... Published 15 Nov, 2023 06:09am
Markets Moody's warns US government shutdown would be 'credit negative' NEW YORK: A US government shutdown would have negative implications for its credit assessment as it would highlight... Published 26 Sep, 2023 12:22am
Opinion Rating agencies and Pakistan’s response There are three major international credit rating agencies providing investors information about bond and debt... Published 11 Sep, 2023 06:54am
Business & Finance Fitch cuts unit of China’s debt-hit Country Garden to junk BEIJING: Fitch has downgraded to junk the credit rating of a subsidiary of Chinese property giant Country Garden,... Published 24 Aug, 2023 11:14am
Business & Finance Morgan Stanley warns of hit to equity valuation if US fiscal spending is cut WASHINGTON: Brokerage Morgan Stanley on Monday warned that lofty US equity valuations could be questioned by... Published 08 Aug, 2023 06:37am
Markets Wall St falls after Fitch downgrades US rating NEW YORK: Wall Street fell on Wednesday after rating agency Fitch’s move to downgrade the US government’s credit... Published 03 Aug, 2023 05:54am
Business & Finance Fitch cuts US credit rating to AA+ WASHINGTON: Rating agency Fitch on Tuesday downgraded the US government’s top credit rating, a move that drew an... Published 03 Aug, 2023 05:54am
Business & Finance Dollar shrugs off Fitch’s US downgrade NEW YORK: The dollar rose on Wednesday as investors shrugged off Fitch’s US credit rating downgrade while data... Published 03 Aug, 2023 05:54am
Business & Finance Fitch upgrades Wapda’s rating ISLAMABAD: Fitch Ratings has upgraded Pakistan Water and Power Development Authority’s Long-Term Foreign-Currency... Updated 20 Jul, 2023 08:39am
Print Fitch upgrades rating on improved external liquidity ISLAMABAD: Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to “CCC”... Updated 11 Jul, 2023 09:02am
Pakistan Moody’s, Fitch see lingering risks despite Pakistan-IMF deal: report Pakistan is staring at $25bn debt repayment in fiscal year 2023-24, and a widening current account deficit could pose problems Published 03 Jul, 2023 08:16pm
World Fitch raises India FY24 GDP forecast to 6.3% on strong growth momentum MUMBAI: Fitch Ratings raised its growth forecast for the Indian economy to 6.3% for the current fiscal year, from 6%... Published 22 Jun, 2023 01:40pm
Opinion IMF’s intransigence The government would have us believe that there needs to be a cut-off point beyond which the IMF (International... Published 07 Jun, 2023 06:05am
Business & Finance Fitch holds US rating on negative watch despite debt deal WASHINGTON: Ratings agency Fitch said Friday that it is keeping the United States’ “AAA” credit rating on... Published 03 Jun, 2023 03:52am
Business & Finance May-June period: Country faces $3.7bn debt repayments: Fitch WASHINGTON: As the government struggles to secure a bailout from the International Monetary Fund (IMF), Fitch ... Published 06 May, 2023 06:23am
World France vows economic reforms to continue after debt downgrade STOCKHOLM: France will go ahead with structural reforms to overhaul its economy after credit ratings agency Fitch... Published 29 Apr, 2023 02:00pm
Pakistan Pakistan’s current account deficit shrinks 90% YoY to $0.24bn in January: SBP Deficit during 7MFY23 reduces over 67%, clocks in at nearly $3.8bn Updated 20 Feb, 2023 07:10pm
Opinion Better late than never, or just too late? Too bad Finance Minister Ishaq Dar didn’t get to give Moody’s a “befitting reply” for downgrading... Published 16 Feb, 2023 06:08am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?